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Oil prices rise after reported Iran attack

A sailor observes the oil tanker HELGA, which is moored at one of Iraq’s southern offshore oil terminals near Basra, as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters Oil prices rose on Tuesday morning following...
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The toll risk hanging over oil markets

A view of Belawan Port in the waters of the Malacca Strait, Medan, North Sumatra, Indonesia on April 28, 2026. Anadolu | Anadolu | Getty Images Iran’s push for control over the Strait of Hormuz has prompted some energy market participants to worry about the introduction of tolls on the Strait of Malacca, one of...
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